Rhode Island Real Estate on the RISE!

Yes, its true, according to the Rhode Island Association of Realtors, Home sale prices are up 5% from one year ago and we currently have a 6 month supply of properties on the market (down from the 8 month supply of a year ago). This is good news because a 6 month supply is the neutral zone for buyer and seller. (A Good market for both). Under 6 months becomes a sellers market and over 6 months is considered a buyers market.